By Onyewuchi Ojinnaka
Governor Seyi Makinde of Oyo State on Monday presented the State budget proposal of N266.6 billion for 2021 fiscal year to Oyo State House of Assembly.The budget is tagged ‘ Budget of Continued Consolidation’
“It was my honour to present the Oyo State Budget Proposal for the 2021 Fiscal Year to the Oyo State House of Assembly, today. This Budget of Continued Consolidation was prepared with input from stakeholders in all seven geopolitical zones of our state.
“The total budgeted sum is ₦266,644,273,305.04. The Recurrent Expenditure is ₦136,262,990,009.41 while the Capital Expenditure is ₦130,381,283,295.63. We are again, aiming for at least 70% implementation of the budget.” he tweeted.